North America Medical Courier Market Forecast to 2030 - Regional Analysis - By Product Type, Destination, Service, and End Users

List of Tables

The North America medical courier market was valued at US$ 2,270.26 million in 2022 and is expected to reach US$ 3,441.37 million by 2030; it is estimated to grow at a CAGR of 5.3% from 2022 to 2030.

Rising Prevalence of Chronic Diseases Fuels the North America Medical Courier Market

A per the IDF Diabetes Atlas 10th edition, in 2021, One in ten adults, or 537 million, have diabetes (20-79 years old). By 2030 and 2045, this number is expected to increase to 643 million and 783 million, respectively. Further, in 2021, diabetes caused 6.7 million fatalities, or one every five seconds. Furthermore, kidney disease is a major global public health concern. Both chronic kidney disease (CKD) and acute kidney injury (AKI) are associated with significant negative health consequences, substantial medical expenses, and a low quality of life. Every year, millions of adults die early from complications associated with chronic kidney diseases (CKD), accounting for 8-10% of all adult deaths. Also, according to Global Burden of Disease Collaborative Network, Global Burden of Disease Study 2019, noncommunicable diseases (NCDs) account for 41 million annual deaths worldwide, or 74% of all fatalities. 17 million individuals die from NCDs before they become 70 years old every year; low- and middle-income nations account for 86% of these premature fatalities. 77% of NCD-related deaths occur in low- and middle-income nations. The majority of NCD deaths-17.9 million annually-are caused by cardiovascular illnesses, which are followed in death by cancer (9.3 million), chronic respiratory diseases (4.1 million), and diabetes (2.0 million, including deaths from renal disease induced by diabetes). These four categories of diseases cause more than 80% of all early NCD fatalities. Smoking, air pollution, poor diets, hazardous alcohol use, and physical inactivity increase the chance of dying from an NCD.

Thus, the increasing cases of chronic diseases such as diabetes, CKD, NCDs worldwide is simultaneously propelling the demand for medical supplies and positively influencing the medical courier market growth.

North America Medical Courier Market Overview

The North America medical courier market is segmented into the US, Canada, and Mexico. In 2022, the US held the largest market share in this region and is expected to continue its dominance during the forecast period. The projected growth of the North America medical courier market in North America is attributed to the increasing number of organ transplant surgeries owing to a rise in the number of organ failure cases such as kidney, liver, and heart. The rise in organ failure cases can be associated with a surge in the prevalence of chronic diseases related to the heart, kidney, and liver, which fuels the demand for organ transplants. According to the Organ Procurement & Transplantation Network, more than 42,800 organ transplants were performed in the US in 2022, reporting an annual increase of ~3.7%. According to the Canadian Institute of Health Information (CIHI), ~2,750 organ transplantations were carried out in Canada in 2021. Data published by the National Institutes of Health (NIH) states that ~8,500 transplantation procedures, including cornea, kidney, liver, and heart, were performed in Mexico from March 2019 to February 2021. During organ transplants, there may be a necessity to transfer the organ from one hospital to another. Medical courier businesses provide services to transport these organs on time in proper storage conditions. Medical courier service providers adopt vital patient care procedures, and ensure the prompt and efficient transportation of records, reports, medical supplies, and laboratory supplies. According to the US Bureau of Labor Statistics, ~18,000 employees-approximately 4.5% of the total courier industry employment-were employed in the medical industry in the US in 2022. The increasing employment in the medical courier industry due to the growing demand for samples and medicines for overall treatment is fueling the growth of the market. Further, the ongoing technological advancements in healthcare facilities are likely to benefit the North America medical courier market in North America during the forecast period. In 2020, UPS Flight Forward and CVS partnered to deliver prescription medicines from CVS pharmacy stores to The Villages, Florida, the largest retired people's community in the US, which is home to more than 135,000 residents.

North America Medical Courier Market Revenue and Forecast to 2030 (US$ Million)

North America Medical Courier Market Segmentation

The North America medical courier market is segmented based on product type, destination, service, end users, and country.

Based on product type, the North America medical courier market is segmented into medical supplies and equipment, blood and organs, lab specimens, medical notes, and others. The medical supplies and equipment segment held the largest share in 2022.

By destination, the North America medical courier market is bifurcated into domestic and international. The domestic segment held a larger share in 2022.

By service, the North America medical courier market is bifurcated into standard service and rush and on-demand services. The standard service and rush segment held a larger share in 2022.

In terms of end users, the North America medical courier market is categorized into hospital and clinics, diagnostic labs, blood and tissue banks, pharmacy, in home support, pharmaceutical and biotechnology companies, and others. The hospital and clinics segment held the largest share in 2022.

Based on country, the North America medical courier market is segmented into the US, Canada, and Mexico. The US dominated the North America medical courier market in 2022.

Deutsche Post AG, FedEx Corp, MNX Global Logistics Corp, United Parcel Service Inc, and Zipline International Inc are some of the leading companies operating in the North America medical courier market.

Product Code: BMIRE00029313

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 North America Medical Courier Market, by Country (US$ Million)

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. North America Medical Courier Market Landscape

4.1 Overview

5. North America Medical Courier Market - Key Industry Dynamics

5.1 Market Drivers:
- 5.1.1 Increasing Incidence of Road Accidents
- 5.1.2 Rising Prevalence of Chronic Diseases
5.2 Market Restraints
- 5.2.1 Stringent Requirements for Temperature Control and Handling
5.3 Market Opportunities
- 5.3.1 Growing Strategic Initiatives
5.4 Future Trends
- 5.4.1 Adoption of Hub and Spoke Model
5.5 Impact analysis

6. Medical Courier Market - North America Market Analysis

6.1 North America Medical Courier Market Revenue (US$ Mn), 2022 - 2030

7. North America Medical Courier Market - Revenue and Forecast to 2030 - by Product Type

7.1 Overview
7.2 North America Medical Courier Market Revenue Share, by Product Type, 2022 & 2030 (%)
7.3 Lab Specimens
- 7.3.1 Overview
- 7.3.2 Lab Specimens: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Medical Supplies and Equipment
- 7.4.1 Overview
- 7.4.2 Medical Supplies and Equipment: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Blood and Organs
- 7.5.1 Overview
- 7.5.2 Blood and Organs: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
7.6 Medical Notes
- 7.6.1 Overview
- 7.6.2 Medical Notes: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
7.7 Others
- 7.7.1 Overview
- 7.7.2 Others: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)

8. North America Medical Courier Market - Revenue and Forecast to 2030 - by Destination

8.1 Overview
8.2 North America Medical Courier Market Revenue Share, by Destination, 2022 & 2030 (%)
8.3 Domestic
- 8.3.1 Overview
- 8.3.2 Domestic: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
8.4 International
- 8.4.1 Overview
- 8.4.2 International: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)

9. North America Medical Courier Market - Revenue and Forecast to 2030 - by Service

9.1 Overview
9.2 North America Medical Courier Market Revenue Share, by Service, 2022 & 2030 (%)
9.3 Standard Services
- 9.3.1 Overview
- 9.3.2 Standard Services: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Rush and On-demand Services
- 9.4.1 Overview
- 9.4.2 Rush and On-demand Services: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)

10. North America Medical Courier Market - Revenue and Forecast to 2030 - by End User

10.1 Overview
10.2 North America Medical Courier Market Revenue Share, by End User, 2022 & 2030 (%)
10.3 Hospitals and Clinics
- 10.3.1 Overview
- 10.3.2 Hospitals and Clinics: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.4 Diagnostic Labs
- 10.4.1 Overview
- 10.4.2 Diagnostic Labs: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.5 Pharmaceutical and Biotechnology Companies
- 10.5.1 Overview
- 10.5.2 Pharmaceutical and Biotechnology Companies: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.6 Blood and Tissue Banks
- 10.6.1 Overview
- 10.6.2 Blood and Tissue Banks: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.7 Pharmacies
- 10.7.1 Overview
- 10.7.2 Pharmacies: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.8 In Home Support
- 10.8.1 Overview
- 10.8.2 In Home Support: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)
10.9 Others
- 10.9.1 Overview
- 10.9.2 Others: North America Medical Courier Market - Revenue and Forecast to 2030 (US$ Million)

11. North America Medical Courier Market - Country Analysis

11.1 Overview

12. North America Medical Courier Market-Industry Landscape

12.1 Overview
12.2 Growth Strategies in North America Medical Courier Market
12.3 Organic Growth Strategies
- 12.3.1 Overview
12.4 Inorganic Growth Strategies
- 12.4.1 Overview

13. Company Profiles

13.1 MNX Global Logistics Corp
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Zipline International Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 United Parcel Service Inc
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 FedEx Corp
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Deutsche Post AG
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments

14. Appendix

14.1 About Us
14.2 Glossary of Terms